Tips To Sell Your House For Top Dollar This Summer On Long Island NY
Although spring is, still, usually seen as the more brisk home-buying period, selling your home in summer presents great opportunities. There are several positives when the temperature rises on Long Island, New York, if you only know how to take advantage of it.
While the summer months are some of the better times to sell your property, that doesn’t mean you can simply rely on real estate seasonality to do the heavy lifting. Listing a home during the so-called “best month” doesn’t guarantee top offers are rolling in either.
The ultimate goal is to get the best possible price offer. This post has combined some tried-and-tested tips to help you ensure that you’ll get top dollar for your property this summer.
1. Emphasize The Outdoor Features Of Your Home
Summer is definitely that time of the year when people in Long Island, NY, are looking to enjoy some fresh air along with their family and friends. It makes the backyard features of your property of the utmost importance if you’re attempting to sell during the summer. Play up these features and make sure they reach their full potential, and you might end up sparking a summer bidding war for your home. Highlight them in the open house and write-up house advertising materials.
Enhance your property’s outdoor portion by cleaning the entirety of the outdoor furniture, pool, deck, and patio. Make these spaces both look and feel welcoming. If, however, your property doesn’t have notable outdoor features, you can’t go wrong spending for some niceties to ramp up interest from potential buyers. Unless you want to sell a house fast on Long Island by doing business with we buy houses companies, spending some cash for home improvement is really something you have to do in order to get a competitive offer.
2. Sell Your House Instead Of Your Home
Create a house moving checklist and take a weekend just to declutter your home. Organize storage spaces and closets. Get rid of trinkets on mantles and dressers. Don’t forget that potential buyers want to have the chance to imagine themselves living in a new home of their own. It can be difficult for them to be able to do so if your house is still filled with your children’s artwork, family pictures, and other personal items. Excess items and clutter around the house can also distract them from focusing on the attributes of your property.
The more interested potential buyers are, the more likely they will want to submit a top dollar offer quickly. Make them more interested--do it by depersonalizing your house.
3. Know And Understand Your Buyer
What’s your buyer’s motivation? Do they have enough cash to pay for your asking price? Do they need to move quickly? The objective is to set the duration and control the pace in the negotiation process. Knowing the mentioned information gives you the upper hand. You’ll know just how far you can push and get what you want.
4. Price Your Property Aggressively
Go too high with the price of your property and you risk turning off each potential buyer in the marketplace. If you go too low, chances are you’re going to leave money on the table. Pricing your property right is the one most important decision you’ll make when you decide to sell. The best way to price your home aggressively is to actually spend a day looking at your competitors. Compared to your competition, what do you think would be the pricing that would position your property as the best value for potential buyers in your marketplace? Be tough, but be honest with yourself. You have to see the world through potential buyers’ eyes.
5. Offer Prepaid And Incentives
To encourage potential buyers, many home sellers offer incentives. Buyers who have already narrowed their search to two or three top choices may need a bit of pushing to motivate them to finally take action. Incentives you can use to attract buyers include providing credits or allowances for any home upgrades after closing the sale and paying for repairs, inspections, or closing costs. You can also opt to buy down the interest rate on the purchaser’s loan. Some sellers even prepay for homeowners association dues, taxes, Internet services for a year, or even golf club memberships.
Conclusion
Selling a house in the summer months can be a satisfying, if not life-changing, experience. However, it requires more than just putting a sign in your front yard that your property is for sale. You can’t simply wait for the top offers to flood in. As a seller, it’s your job to ensure that your home is clean, welcoming, and comfortable. You should also price it realistically. By doing so, you get to ensure that potential buyers on Long Island, NY, can picture themselves living inside your abode. It prevents them from focusing on what may be wrong with your property, increasing your chances of closing the deal for top dollar.